Rail Vikas Nigam enters into MoU with Jaykaycem Central Ltd

Rail Vikas Nigam Limited (RVNL) has entered into an MoU with Jaykaycem (Central) Limited, wholly owned subsidiary of J. K. Cement Limited, for development of approx. 50 km. new Railway line between Devendra Nagar and Puraina in West Central Railway in Madhya Pradesh through SPV mode.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 33.25 as compared to the previous close of Rs. 33.15. The total number of shares traded during the day was 546952 in over 3157 trades.

The stock hit an intraday high of Rs. 33.75 and intraday low of 33.20. The net turnover during the day was Rs. 18317487.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL MoU JaykaycemCentral JKCEment SPV RailwayLine